Indian States seeking New Investments To Accelerate domestic manufacturing At Electronica India And productronica India 2016

6 Indian states confirmed participation at the twin trade fairs including Chhattisgarh, Haryana, Jharkhand, Madhya Pradesh, Odisha and Rajasthan.

ELCINA and Messe München India jointly organising CEO Forum,focusing on ‘Invest in India’ as the main agenda seeking new investments to accelerate domestic manufacturing.

Electronics System Design & Manufacturing (ESDM) sector capitalizing on ‘Make in India’ scheme to attract global and domestic manufacturers to invest and drive growth in the sector.

electronica India and productronica India are market leading trade fairs for electronic components, systems, applications and innovative electronics production technology. Taking place at Bangalore International Exhibition Centre (BIEC), Bengaluru from 21-23 September 2016, the events will showcase innovative products, solutions and technologies combined with ample of learning and networking opportunities to the electronics manufacturing industry. With concurrent conferences, buyer-seller meets, B2G Meets (Business to Government) and pavilions from Indian states and 6 countries, electronica India and productronica India are must attend events for the community.

The trade fairs are offering lucrative opportunities to the industry stakeholder and start-ups through its support programs. For the first time, Indian states including Chhattisgarh, Haryana, Jharkhand, Madhya Pradesh, Odisha and Rajasthan are participating at CEO Forum which is focusing on ‘Invest in India’ as the main agenda of discussion. Jointly organized by ELCINA and Messe München India, CEO Forum will be organized concurrentlywith the trade fairs seeking new investments to accelerate domestic manufacturing. It will also be India’s biggest investor forum in the Electronic System Design & Manufacturing segment. Over 400 top CEOs are expected to attend and engage with the representatives of these states to choose the best investment destination for their business.

Organiser of electronica India and productronica India and CEO of Messe Munchen India, Mr. Bhupinder Singh shared his views on sector development and features of the show, “The market for Electronics System Design & Manufacturing (ESDM) sector is growing and is expected to reach US$ 400 billion by 2020. The aggressive ‘Make in India’ campaign by the Indian government along with allowance of 100% FDI under the automatic route in the sector, the Indian ESDM ecosystem is projected to elevate from conviction to action. These positive trends have created a stronger interest for investments with a focus on domestic manufacturing. The participating Indian states will be presenting investment opportunities for global and domestic manufacturers. The CEO Forum – Invest India will help interested companies to connect with state representatives.”

Statements by state ministers and dignitaries on CEO Forum – Invest India

“There has been tremendous advancement in the field of electronics and information technology during last few years. In Haryana, we are trying to extensively use these new technologies to give impetus to our concept of e-governance and redressal of public grievances. I am sure, the 17th edition of electronica India and productronica India would go a long way in further popularizing the application of these new technologies,” said Shri. Manohar Lal, Hon’ble Chief Minister of Haryana.

“I am proud that Jharkhand is moving fast towards realizing its commitment of better infrastructure, faster development and establishment of industrial base creating employment opportunities for millions of youth in the state. We are focused on providing an enabling business environment and all necessary infrastructure for the industries to bloom in the state,” said Shri. Raghubar Das, Hon’ble Chief Minister of Jharkhand.

“Electronics manufacturing is one of the focus sectors of Odisha. The State is developing a world-class electronics manufacturing cluster on 223 acres of land in Bhubaneswar comprising of an incubation centre and all necessary social infrastructure. We welcome the industry decision makers to explore Odisha as their next investment destination,” said Shri Naveen Patnaik, Hon’ble Chief Minister of Odisha.

“At electronica India and productronica India, Rajasthan will be offering lucrative investment packages to prospective investors looking for investing in the ESDM Sector. Along with the incentives provided by the state government, the investors can also avail the incentives under the M-SIPS scheme of central government. RIICO will offer land to ESDM sector in Electronic Manufacturing Clusters (EMC) in the state,” said Mr. Umesh Kumar, Chairman & Managing Director, Rajasthan State Industrial Development and Investment Corporation (RIICO).

electronica India and productronica India events will be held in conjunction with LASER World of PHOTONICS INDIA to create attractive synergies for the attendees, offering them insight into a spectrum of industry solutions. To know more, log on to www.electronica-india.com, www.productronica-india.com and www.world-of-photonics-india.com